+44 207 394 30 90 (London)

Major Investment Projects

EU GIVES $441 MLN FOR WATER PROJECTS IN AFRICA

Company: Team Europe
Capacity: 2025
Year: To 2027
Estimated investment: $441 million

President of the European Commission Ursula von der Leyen announced that the European Union was making over 400 million euros ($441 million) available for crossborder water projects in Africa. Europe will raise up to 300 billion euros ($331 billion) towards 2027 to support large-scale projects in Africa and around the world.

CONSTRUCTION OF A DESALINATION PLANT ON V&A WATERFRONT

Country:
South Africa
Location:
V&A Waterfront
Company:
Growthpoint Properties
Capacity:
3,300 m3 per day
Year:
2022 – 2024
A seawater desalination plant will be established in South Africa on the Victoria and Alfred Waterfront (V&A), a tourist attraction located near the Cape Town seaport. Growthpoint Properties, the real estate
company that owns 50% of V&A Waterfront, has received approval from the South African authorities for this project.
Work on the project is expected to begin in Q1 2022. Johannesburg-based Company plans to have the future facility operational by 2024. The capacity of the seawater desalination plant will be 3,300 m³ per day. This will partially meet the needs of the facility, which receives almost 24 million visitors a year.

Like V&A Waterfront, more and more companies based in South Africa are opting for seawater desalination to cope with water shortages.

CONSTRUCTION OF 67 DESALINATION PLANTS

Country:
Egypt
Company:
The Sovereign Fund of Egypt
Capacity:
1 million tons of water
Year:
Until 2050
Estimated investment:
$27.4 billion

The Egyptian government has announced the expansion of the plan for the
development of unconventional water resources. Egypt wants to procure 6.4 million tons of water a day by 2050 using seawater desalination plants.
Egypt is expected to have at least 67 desalination plants built by 2050, requiring a total investment of 435 billion Egyptian pounds ($27.4 billion).
The government will realise this broad plan with the support of private actors via a public-private partnership. The plan includes 14 plants with a daily capacity of 250,000 cubic meters in Matruh Governorate, while there will be 18 plants in the Red Sea Governorate with a capacity of 109,000 cubic meters per day. North and South Sinai governorates will host 21 and nine plants with a daily capacity of 20,000 m3 and 75,000 m3 (respectively). On the other hand, only one plant will be built in Ismailia and the other two in the province of Suez.

THE WORLD’S LARGEST SEAWATER DESALINATION PLANT

Country:
Morocco
Location:
In Casablanca
Company:
Moroccan National Electricity and Drinking Water Office (ONEE)
Capacity:
Roughly 300 million cubic meters of water each year
Year:
By the end of 2027
Estimated investment:
$9.5 billion

In Casablanca, the ministry is working on the world’s largest seawater desalination plant, with a budget of MAD 9.5 billion. The Project, which is expected to be operational by the end of 2027, will produce roughly 300 million cubic meters of water each year.

DESALINATION PLANT

Country:
Namibia
Location:
Between the seaside towns of Swakopmund and Henties Bay
Company:
The Namibia Water Corporation (NamWater)
Year:
2022 –
Estimated investment:
$137 million (required investment)

The new pipeline, which will replace the 47-year-old facility, will supply groundwater to Swakopmund from the Kuiseb aquifers, as well as to Walvis Bay from the Omdel aquifer, northeast of Henties Bay, and to the Orano desalination plant. A feasibility study has already been carried out at the Project site. There is a possibility of concluding a public-private partnership (PPP) for the water supply project realisation. The Namibian Water Corporation (NamWater) will operate a future seawater desalination plant in the country’s coastal region. A feasibility study for the plant, which will produce 70,000 cubic meters (2.5 million cubic feet) of water per day, has been completed and the site has been acquired. The government is in talks with private investors about a partnership to develop the plant.

SOLAR DESALINATION WILL PROVIDE 400,000 KENYANS WITH CLEAN WATER

Country:
Kenya
Location:
Up to 200 desalination plants in Kitui County
Company:
Climate Fund Managers
Capacity:
From 3500 l/h to 7000
l/h from sea water
Year:
2023
Estimated investment:
$1.8 million + $355,000

The Project aims to provide clean water from brackish groundwater to 400,000 Kenyans by 2023. SolarRO, a patented reverse osmosis system, is the first desalination plant in the world. It is 100% solar powered. This fully automatic autonomous system is installed in a 6 meters (20 feet) long container.

Request the full list of Investment Projects

    Please note that due to our internal policy we are not entitled to send any materials to personal emails (Yahoo, Yandex, Google, etc.)

    If you have any questions, please contact us:

    +44 207 394 3090 (London)

    Where did you hear about this event?